Lockheed Martin Corp. • Robinhood Token vs Strategy PP Variable xStock

Strategy PP Variable xStock (STRCX) is 1523.6× the size of Lockheed Martin Corp. • Robinhood Token (LMT) by market capitalisation. Over the past 30 days, LMT is ahead by 10.9 percentage points (LMT +14.5% against STRCX +3.6%). Their daily returns move barely together (correlation 0.25 across 28 shared trading days). LMT has been the more volatile of the two, at 86% annualised against STRCX's 51%.

Correlation: 0.25
Size ratio: 1 : 1523.6
Ahead over 30 days: LMT

Lockheed Martin Corp. • Robinhood TokenLMT

$593.1200

24h: -7.51%
Market cap: $92,431
Volume 24h: $18,194
Volatility (ann.): 86%

Strategy PP Variable xStockSTRCX

$109.1400

24h: -0.40%
Market cap: $140.83M
Volume 24h: $2.05M
Volatility (ann.): 51%

LMT 0.1%Share of the two combined market caps99.9% STRCX

Performance

LMTSTRCX

7 days-4.38%+0.05%STRCX
30 days+14.52%+3.64%LMT

Correlation

0.25over 28 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: 0.2590d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	LMT	STRCX
Max drawdown (400d)	-9.8%	-7.5%
Risk-adjusted return (90d)	0.13	0.16

Relative strength over 90 days: LMT outperformed STRCX by 4.1% — measured on the LMT/STRCX ratio, so it holds regardless of market direction.

Lockheed Martin Corp. • Robinhood Token →Strategy PP Variable xStock →